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☆ Nvidia's A.I. story helped boost stock market's first-half performance, says Dan Niles
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia's A.I. story helped boost stock market's first-half performance, says Dan NilesDan Niles, Satori Fund founder, joins 'Squawk on the Street' to discuss the market performance in the first half of the year, the idea that growth isn't going away, and more.

Persons: Dan Niles Dan Niles Organizations: Fund

☆ If forward numbers don't match valuation you could see selloffs in tech, says Satori's Dan Niles
▼ + stars: | 2023-06-30 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf forward numbers don't match valuation you could see selloffs in tech, says Satori's Dan NilesDan Niles, Satori Fund founder, joins 'Tech Check' to talk the A.I. hype cycle, what's ahead for mega cap tech stocks and more.

Persons: Dan Niles Dan Niles Organizations: Fund

☆ 'You do have a bit of a bubble developing' with artificial intelligence, financial expert warns
▼ + stars: | 2023-06-15 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

"Now [with] every company, you get on these conference calls and it's almost like your stock reacts to how many times you say 'AI,'" Niles said. "So, yes, you do have a bit of a bubble developing." However, this is usually how it goes with a new, powerful technology, Niles said. But over the long term, much as with the internet, Niles said, AI is "real" and "going to change the way we live." Investors: 'Look at valuations'Niles predicts that AI is actually "under-hyped [in the] long term."

Persons: Pavlo Gonchar, Dan Niles, Niles Organizations: Lightrocket, CNBC's Financial

☆ Intel is an undervalued A.I.-related play, says Satori's Dan Niles
▼ + stars: | 2023-06-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntel is an undervalued A.I.-related play, says Satori's Dan NilesDan Niles, Satori Fund founder, joins 'Last Call' to discuss the Federal Reserve's decision to pause rate hikes for now, what the U.S. can expect from the central bank moving forward, and what stocks he is eyeing in the tech space.

Persons: Dan Niles Dan Niles Organizations: Intel, Fund Locations: U.S

☆ More than 100,000 flee to Chad from Sudan conflict, UNHCR says
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +1 min

JOHANNESBURG, June 1 (Reuters) - More than 100,000 people have fled violence in Sudan to neighbouring Chad and the numbers could double in the next three months, the U.N. refugee agency said on Thursday. The near seven-week conflict has pushed Sudan into a humanitarian crisis and turned one of Africa's greatest cities - the three-part capital of Khartoum, Omdurman and Bahri on the confluence on the Blue and White Niles - into a war zone. One of the poorest countries in the world, Chad was already hosting close to 600,000 refugees before conflict broke out in Sudan in April. UNHCR said it needs $214.1 million to provide vital services to displaced people in the country, which is currently 16% funded. Writing by Bhargav Acharya; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: White Niles, Laura Lo Castro, Chad, Bhargav Acharya, Andrew Heavens Organizations: UNHCR, Thomson Locations: JOHANNESBURG, Sudan, Chad, Khartoum, Omdurman, Bahri, UNHCR Chad

☆ What are retail shrink and organized retail theft, and why do companies keep talking about them?
▼ + stars: | 2023-05-31 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +9 min

watch nowFor several years, the terms shrink, retail crime and organized retail theft have echoed from the mouths of politicians, police officers, trade groups and the country's most prominent retail executives. And how does it differ from retail crime and organized retail theft? The companies polled for the survey estimated that retail theft accounted for 37% of those losses, employee or internal theft 28.5% and process and control failures 25.7%. The NRF defines organized retail theft as the "large-scale theft of retail merchandise with the intent to resell the items for financial gain." The line between organized retail theft and shoplifting can be murky, but they are distinctly different.

Persons: Lindsey Nicholson, It's, Lisa LaBruno, Manhattan DA Alvin Bragg, Barry Williams, John Willis, Willis, let's, Willie Carswell, he's, He's, Carswell, Tim Boyle Organizations: Trade, CNBC, Universal, Getty, National Retail Federation, Security Investigations, Retail Industry, Association, Manhattan DA, New York Daily, Homeland Security Investigations, eBay Locations: Queens , New York, New York, Manhattan , New York, New, Charlotte, Niles , Illinois

☆ Social media isn't going away 'learn how to deal with it responsibly', says Satori Fund's Dan Niles
▼ + stars: | 2023-05-23 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSocial media isn't going away 'learn how to deal with it responsibly', says Satori Fund's Dan NilesDan Niles, Satori Fund founder, joins 'Last Call' to discuss the Surgeon General's new warning about the health risks tied to social media.

Persons: isn't, Satori, Dan Niles Dan Niles Organizations: Fund

☆ Elon Musk wants to build something that 'goes back to the roots' of OpenAI, says Satori's Dan Niles
▼ + stars: | 2023-05-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk wants to build something that 'goes back to the roots' of OpenAI, says Satori's Dan NilesDan Niles, Satori Fund founder, joins 'Last Call' to recap CNBC's exclusive interview with Elon Musk including his comments on OpenAI and the geopolitical situation in Taiwan.

☆ Technology’s year of efficiency faces it first major test: overcoming declining earnings expectations
▼ + stars: | 2023-04-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Technology's year of efficiency faces its first major test this week as big technology earnings kick into high gear. Across the information technology sector, earnings are expected to decline 15.1% year over year, according to FactSet data. The setup for technology stocks It's hard to pinpoint one specific problem denting earnings expectations this season. Heading into the second quarter, many technology companies already face lowered earnings expectations, with analysts lowering earnings estimates for the information technology sector in the first quarter by 6.5% in aggregate, according to FactSet data. "We plan on being either not in any of these names or hedged or short some of them going into earnings season," Niles said.

☆ Rival factions defy ceasefire to bombard Sudan's capital, Japan plans evacuation
▼ + stars: | 2023-04-19 | by ( ) www.cnbc.com time to read: +5 min

Smoke rises from the tarmac of Khartoum International Airport as a fire burns, in Khartoum, Sudan April 17, 2023 in this screen grab obtained from a social media video. Air strikes and explosions hammered Sudan's capital on Wednesday after the failure of a U.S.-brokered ceasefire between the army and paramilitary forces, forcing residents to stay hunkered down and prompting Japan to prepare to evacuate its citizens. At least 270 people have been killed and 2,600 injured in the fighting, the World Health Organization said, citing Sudan's health ministry. Khartoum residents were asked to limit their electricity usage, as the state's distribution authority said the servers that manage online purchases of power were out of service. The fighting, which pits Sudan's military leader General Abdel Fattah al-Burhan against RSF chief General Mohamed Hamdan Dagalo, followed rising tensions over a plan for the RSF's integration into the regular military.

The army's high command said it would continue operations to secure the capital and other regions. Khartoum residents were asked to limit their electricity usage, as the state's distribution authority said the servers that manage online purchases of power had gone out of service. Many residents planned to travel south to rural areas of Khartoum state or Gezira state if the ceasefire had held. The outbreak of fighting pitting Sudan's military leader General Abdel Fattah al-Burhan against RSF chief General Mohamed Hamdan Dagalo, followed rising tensions over a plan for the RSF's integration into the regular military. Reporting by Khalid Abdelaziz in Khartoum, Nafisa Eltahir; Writing by Aidan Lewis; Editing by Frank Jack DanielOur Standards: The Thomson Reuters Trust Principles.

From a vantage point in his home, Motasim said that earlier on Tuesday he could see RSF troops aiming anti-aircraft missiles from the street below. Residents from other districts said shops had been looted and people ejected from homes by armed men. In the well-heeled Khartoum 2 district, an area that is home to embassies and RSF offices, residents said RSF troops had stormed homes and raided supermarkets. RSF buildings and bases are dispersed across the capital, often in densely populated areas that have become a focus for fighting. Elsewhere in the capital area, several people told Reuters they saw RSF troops dispersing quickly into streets of residential districts when airstrikes began.

☆ Big Tech bounces back: Tech stocks rally as inflation cools
▼ + stars: | 2023-04-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig Tech bounces back: Tech stocks rally as inflation coolsHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Daniel Niles, Satori Fund portfolio manager, joins the show to discuss the rally in tech stocks.

☆ Chip stocks posted their best quarter since 2020. What's next for the sector and why the rally may fade
▼ + stars: | 2023-04-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +8 min

Chip stocks made a breathtaking comeback in the first quarter, but don't be surprised if the rally gives up some of its gains, investors warn. The semiconductor sector on Friday wrapped up its best quarter since 2020 as investors rotated back into the downtrodden industry, with names like Nvidia notching its best quarterly stretch since 2001. The recent tear in semiconductor stocks brings the sector into overbought territory versus non-financial cyclicals, said Credit Suisse's Andrew Garthwaite in a recent note. Like many investors, Niles views Nvidia as a dominant AI play despite its rich valuation . While the stock's given those gains, many investors viewed the print as a sign of a bottom.

☆ Tech ripped higher to start the year. Here's how the pros are trading the sector in the new quarter
▼ + stars: | 2023-04-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +10 min

After the worst year for tech since 2008 , many investors questioned whether the market could move higher in the new year without the sector's cooperation. Names such as Apple , Microsoft and Amazon gained about 27%, 20% and 23% in the first quarter, respectively, as yields pushed lower. Amid this backdrop, Alphabet shares gained 17.6% in the first quarter as the company launched it's Bard chatbot rival. Not all investors view big tech so optimistically heading into the new quarter. Much of the surge in tech stocks stems from the oversold conditions created during 2022's carnage, positioning many of these stocks for a bounce, Meeks said.

☆ Facebook is a good example of how fast things can change, says The Satori Fund’s Dan Niles
▼ + stars: | 2023-03-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFacebook is a good example of how fast things can change, says The Satori Fund’s Dan NilesDan Niles, The Satori Fund founder and portfolio manager, joins 'Squawk on the Street' to discuss how investors should position their portfolio, why it's time to buy some names like Meta and Nvidia, and more.

☆ Investor Dan Niles likes these tech stocks heading into the second quarter
▼ + stars: | 2023-03-31 | by ( Michelle Fox | ) www.cnbc.com time to read: +1 min

The market rally will fade soon, but certain tech names are poised to outperform, according to hedge fund manager Dan Niles. The stock market is ending the first quarter higher , with tech stocks leading the way. The Technology Select SPDR ETF is up 9% in March, more than any other sector ETF. Outside of tech, Niles sees opportunity in sports-betting name DraftKings . Overall, he expects the market rally to be short lived.

☆ Watch CNBC’s full interview with The Satori Fund’s Dan Niles
▼ + stars: | 2023-03-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with The Satori Fund’s Dan NilesDan Niles, The Satori Fund founder and portfolio manager, joins 'Squawk on the Street' to discuss how investors should position their portfolio, why it's time to buy some names like Meta and Nvidia, and more.

☆ We're not through this banking situation yet, says The Satori Fund's Niles
▼ + stars: | 2023-03-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're not through this banking situation yet, says The Satori Fund's NilesDan Niles, The Satori Fund founder and senior portfolio manager, joins 'Squawk Box' to discuss how the tech sector's been impacted by the SVB collapse, what happens from here and more.

☆ Hedge Fund manager Dan Niles says the banking crisis will get worse. How to invest from here
▼ + stars: | 2023-03-23 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

The market is still dealing with the potential fallout of the banking crisis and Satori Fund's Dan Niles says it could get a lot worse before it gets better. Investors have been abuzz lately about the possibility that the Federal Deposit Insurance Corporation (FDIC) would consider providing "blanket insurance" for all banking deposits. The next step in navigating the ongoing crisis starts there, Niles said. "The next phase is we have to expand the FDIC insurance," he told CNBC's "Squawk Box" Thursday. Niles also mentioned that 3-month Treasury bills are a good opportunity to get a 4.7% return "with no risk."

☆ Time to buy the tech rally? Hedge fund manager Dan Niles and others reveal their top picks
▼ + stars: | 2023-03-20 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

The tech sector was a bright spot last week as the banking crisis rocked markets. Big tech and semiconductor stocks such as Nvidia and Microsoft were up around 12% over the week, while AMD soared over 18%. Hedge fund manager Dan Niles, meanwhile, said he likes Meta as it has a "strong" core business, with good user growth and engagement. Like Meeks, Niles is also bullish — but selective — on semiconductor stocks. Financial services firm BTIG said it believes that tech stocks have become something of a "rotation beneficiary given the recent events and rising odds for a hard landing."

☆ Tottenham squander points in top-four race, Leeds out of bottom three
▼ + stars: | 2023-03-18 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

Fourth-placed Tottenham have 49 points from 28 games with Newcastle United, who benefitted from a stoppage-time penalty to beat Nottingham Forest on Friday, have 47 points having played two games less. Bournemouth on 24 from 27 along with West Ham United who dropped into the relegation zone courtesy of Leeds United's impressive win at Wolves. Leicester have 25 points with Nottingham Forest, Everton and Leeds all on 26 and Wolves and Crystal Palace on 27. Tottenham substitute Pape Sarr was then adjudged in the 90th minute to have fouled Ainsley Maitland-Niles as he attempted to hack clear a bouncing ball and Ward-Prowse made no mistake to earn his side a point. Leeds will head into the international break above the relegation zone thanks to a superb display at Wolves.

☆ CNBC Special Pro Talks: Hedge fund manager Dan Niles’ stocks to buy amid banking turmoil
▼ + stars: | 2023-03-14 | by ( Sarah Min | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Special Pro Talks: Hedge fund manager Dan Niles’ stocks to buy amid banking turmoilGovernment intervention to backstop Silicon Valley Bank and Signature Bank has shaken up markets and investors are running for cover. Dan Niles, founder of the Satori Fund, says now is the time for caution and is doubling down on his S&P 500 price target of 3,000 that he gave to CNBC in January. In a special Pro Talks, Niles shares his ideas for keeping a diversified portfolio despite the projected downturn.

☆ As yields fall, some investors are flocking to rate-sensitive technology stocks
▼ + stars: | 2023-03-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

A sharp decline in bonds yields is providing much needed relief for big tech stocks that were under pressure in recent weeks. Yields fell drastically Monday as the collapse of Silicon Valley Bank wreaked havoc on the broader banking sector and pushed investors into safe haven assets. The move brought the 2-year Treasury yield to its biggest 3-day decline since 1987 , while the yield on the 10-year Treasury note hit its lowest level since February. Tech's suffered from extreme volatility in recent months as yields barreled toward multiyear highs, and the Federal Reserve restricted monetary policy to quell inflation. Higher rates typical means valuations are less attractive for tech stocks since future profits become less valuable.

There's a big shift in rate expectations," said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York. Goldman Sachs (GS.N), among other big banks, said it no longer expects the Fed to deliver a rate hike at the end of its two-day policy meeting on March 22. "There's been a radical change in interest rate expectations and in that scenario the dollar has weakened," said Niles Christensen, chief analyst at Nordea. The Japanese yen strengthened 1.47% at 133.04 per dollar, while the dollar fell 1.23% against the Swiss franc at 0.910. Earlier, it hit a near one-month high of $1.0737, ahead of the European Central Bank's policy meeting on Thursday.

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